Blog | MyPetroCareer

‘Dangote refinery will make Nigeria net exporter of petroleum’

*Peter Obi at the commissioning of the Dangote Refinery in Lagos Mkpoikana Udoma Port Harcourt — The Presidential Candidate of the Labour Party in the 2023 election, Mr. Peter Gregory Obi, says Dangote refinery will […]

Indian Oil Corp says spot cargoes from Middle East lower on back of Russia

Dubai — The chairman of Indian Oil Corporation said on Monday he remained committed to the term contracts with the Middle East but that spot purchases from the region have gone down with more Russian […]

TotalEnergies takes FID on Ubeta gas project Q1 2024

*Mike Sangster Mkpoikana Udoma Port Harcourt — The Managing Director of TotalEnergies EP Nigeria Limited, Mr Mike Sangster, has announced that the final investment decision, FID, for the company’s upcoming Ubeta gas project would be […]

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Chevron to buy PDC Energy for $7.6 billion

*Chevron logo and trading information on display at the NYSE Bengaluru — Chevron Corp (CVX.N) said on Monday it would acquire PDC Energy Inc (PDCE.O) in an all-stock transaction for $7.6 billion, including debt. The […]

NCDMB pushes for double-digit contribution of oil & gas to Nigeria’s GDP

*Engr. Simbi Wabote Mkpoikana Udoma Yenagoa — The Executive Secretary of the Nigerian Content Development and Monitoring Board, Engr Simbi Wabote, has charged stakeholders to join hands in ensuring that the oil and gas sector makes […]

U.S. refinery margins set to remain high: Kemp

*A US refinery in Corpus Christi London — U.S. oil refinery margins have halved since the middle of 2022 but they are still at historically high levels and will be supported through the summer of […]

China’s Sinopec agrees terms for potential Kazakhstan polyethylene investment

*Sinopec facility News wire — China’s Sinopec said it has agreed key terms with Kazakh state-owned oil and gas firm KazMunayGaz to build a gas-based petrochemical complex in Kazakhstan’s Atyrau region and a final investment […]

NNPCL clears $3.8bn JV cash-call arrears owed IOCs

Mkpoikana Udoma Port Harcourt — The Nigerian National Petroleum Company Limited, NNPCL, says it has cleared the outstanding $3.8 billion joint venture cash-call debts owed to international oil companies, IOCs, operating in the country. NNPCL’s Executive […]

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Saudi Arabia’s Aramco names presidents for upstream and downstream businesses

Dubai — Saudi Arabian oil giant Aramco on Thursday named Nasir al-Naimi and Mohammed Al Qahtani as presidents of its upstream and downstream businesses, respectively, in a move designed to support the company’s growth plans. […]

Diri decries slow PIA implementation pace for host communities

…Says obsolete oil facilities destroying Niger Delta environment *Aerial view of oil impacted community in the Niger Delta Mkpoikana Udoma Yenagoa — Bayelsa State Governor, Sen. Douye Diri, has lamented over what he described as the […]